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Reward Management Assignment Help

Reward Management refers to the formulation and implementation of the strategies and policies that aim to reward the people fairly on the basis of their value in the particular organisation. It is associated with the analysis of the remuneration, compensation of the employees. The main aim is to create an efficient reward structure for the particular organisation. It consists of the pay policy, salary administration, minimum wage, team reward and so on. As it's obvious, reward management is not only about money. It is mainly concerned with the non-financial rewards in order to motivate the employee so that they can produce good work. Myassignmenthelp offers online Reward Management Assignment Help to those who are in need.

This has become a popular management topic now days. It was developed on the basis of psychologist's behavioural research system, Freud's theory of Psychoanalysis. On the basis of this, the psychologists attempted at creating many more motivational theories. Reward management is strongly based on that. In order to make the employees know what exactly their task is, it is important to build the reward system. There are two kinds of rewards: Extrinsic Rewards and Intrinsic Rewards. Extrinsic rewards refer to the concrete rewards that employee receive like bonus, salary raise, gifts, promotion and so on. Intrinsic rewards refer to rewards that tend to provide a personal satisfaction to the employee like feedback, recognition, trust or empowerment and so on. These rewards also work on the basis of the personality of the employee and according to their taste. For example, a movie buff employee should be rewarded with movie tickets. An individual can be rewarded on the basis of base pay, earlier benefits, performance, attendance and competence while a team can be rewarded on the basis of the profit, concentration, team work and so on. It is also based on Motivational theories. Motivational theories are of two types:

Content theory and Process theory. One of the well-known Content theories is Maslow's Hierarchy of Needs and one of the famous Process theories is the Equity theory.

Students may face difficulties while writing assignments on this topic, since this is related to psychology too. It's not easy for students to understand everything within a short class and it's difficult for the teachers to make them understand it within a class. Therefore they should seek online help. Myassignmenthelp.net is offering assignment writing help on Reward Management to those who are needy. The process will be conducted by the experts and the assignments will be well written, well researched and plagiarism free, delivered within the deadline.

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